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Protecting your Bitcoin private keys isn’t enough. “Not Your Keys, Not Your Coins” extends to your nodes and miners as well.

Protecting your Bitcoin private keys isn’t enough. “Not Your Keys, Not Your Coins” extends to your nodes and miners as well.



View Reddit by jguest1105View Source

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2 Comments

  1. tldr; Compass Mining, a U.S.-based company that was using BitRiver to host ASICs for its clients, has lost all of its Bitcoin mining machines due to sanctions against BitRiver. BitRiver is a Russian company that operates Bitcoin mines and provides hosting services domestically and internationally. Compass Mining had three options when BitRiver was sanctioned: follow sanctions, fight them in court, or break the law and get shut down.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. Sure. Don’t host your miners in unstable countries really far away. Do I have space to have 20 rigs in my house? Nope. Do I have enough capital to rent a warehouse? Nope. Would I host my rigs in Russia, China, or North Korea? Nope.

What do you think?

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